Category: BUSINESS
Numsa says it remains resolute in fight for better wages for workers – SABC News
The National Union of Metalworkers of South Africa (Numsa) says it will remain resolute in its fight for better wages and working conditions for workers. The union convened its three-day
Read MoreThere is need for SA to attract foreign direct investment: Masondo – SABC News
Finance Deputy Minister David Masondo says there is a serious need for the country to attract foreign direct investment in order to address economic growth. Masondo was one of the
Read MoreSA’s Astral Foods flags sharp profit fall, reports cyber attack – SABC News
Astral Foods said on Monday it expects its half-year profit to decline by as much as 60%, with a recent cybersecurity incident compounding the impact of lower chicken prices and
Read MoreDollar drifts as traders await Trump tariff clarity – SABC News
The dollar drifted just below a three-week high versus major peers on Monday as traders cautiously awaited clarity on US President Donald Trump’s next round of tariffs. The euro rose slightly
Read MoreIFP leader clarifies party’s stance on VAT increase – SABC News
Inkatha Freedom Party (IFP) leader Velenkosini Hlabisa has clarified the party’s acceptance of the half percentage point VAT increase proposed in Finance Minister Enoch Godongwana’s budget speech. Parliament is yet
Read MoreMinister warns of rail, port challenges due to funding shortages – SABC News
Transport Minister Barbara Creecy says the country’s rail and port infrastructure faces substantial challenges such as theft and vandalism and operational inefficiencies. She says these are exacerbated by the limited
Read MoreBeijing hosts foreign CEOs at forum in bid to attract investment – SABC News
Beijing hosted a business forum on Sunday attended by international executives and politicians as China seeks to attract foreign investment at a time of heightened geopolitical tensions. China’s policymakers are
Read MoreMalatsi defends decision to withdraw SABC Funding Bill – SABC News
Communications and Digital Technologies Minister Solly Malatsi has defended his decision to withdraw the SABC Funding Bill, saying all required processes of parliament were followed. The bill suggests a delayed
Read MoreStriking staff urged to keep Mpumalanga tourist sites operational – SABC News
The Mpumalanga Department of Economic Development and Tourism has called on employees of the Mpumalanga Tourism and Parks Agency who are on strike not to disrupt operations at tourist sites.
Read MoreGovt. should consider wealth tax instead of increasing VAT: Malema – SABC News
EFF leader Julius Malema says that government should consider a wealth tax instead of increasing Value Added Tax. Parliament is set to vote for the budget next month, after it
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